UPDATE 1-Ford shuffles exec team to prepare for post-Mulally era

Tue Nov 5, 2013 2:06pm EST
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* Reshuffling latest in series of exec changes since early 2012

* Remains unclear how soon Mulally, 68, will leave

* Ford names new global design chief amid Lincoln overhaul

* Investors want to see if Mulally's changes will stick

By Deepa Seetharaman

DETROIT, Nov 5 (Reuters) - Ford Motor Co promoted several younger executives to key roles on Tuesday, marking yet another step by the U.S. automaker to prepare for the eventual exit of Chief Executive Alan Mulally.

The automaker's changes included naming Moray Callum, 54, as global design chief. Callum, currently the head of design for North and South America, replaces 16-year Ford veteran J Mays, 59, who is retiring.

Ford also named new executives to lead labor affairs and North American manufacturing, and added another corporate officer. The changes are effective on Jan. 1.

More than half of Ford's 20 senior executives have been replaced, promoted or given additional duties since early 2012. The accelerated pace of change in the top ranks comes as the No. 2 U.S. automaker lays the groundwork for the post-Mulally era.   Continued...